Germany Invests €2m in Nigeria’s Rice Production, Gates Foundation supports too

The German Government with support from the Bill and Mellinda Gates Foundation has provided €2 million for the implementation of the second phase of the Competitive African Rice Initiative (CARI) in the country The Programme Director of CARI, Mr Jean-Bernard Lalannehe, disclosed this to newsmen, in Abuja on Wednesday. Lalannehe said the second phase of […]

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POS and ATM transactions drop by N258 billion in Q1 of 2019 in Nigeria

The latest selected banking sector data released by the National Bureau of Statistics (NBS) shows that the total value of transactions for both Point of Sales (POS) and Automated Teller Machines (ATMs) during the first quarter (Q1) of 2019 declined by N258 billion. According to the Bureau’s report, the value of POS transactions for Q1 2019 was estimated […]

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The 10 key issues Buhari must confront in his second term

Nigeria’s President Muhammadu Buhari officially begins his second and final term on Wednesday following his re-election in February. Despite his large winning margin, the next four years won’t be easy for the 76-year-old former general. Here are some of the key issues he’ll face while at the helm of Africa’s biggest oil producer and most […]

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Bidding procedure for cars on E-Auction website of Nigeria Customs Service

Nigeria Customs Service (NCS) has commenced electronic (online) auction of contraband, including exotic cars of different brands, seized from smugglers in Imo/Abia and Edo/Delta commands. Controller of Federal Operations Unit (FOU), Owerri, Comptroller Kayode Olusemire, who spoke in Benin on Wednesday while conducting newsmen round the latest seizures of men of the unit, said that […]

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Gov Akeredolu speaks on legalising Cannabis in Ondo State

The Government of Ondo State has cleared the air on its plans to legalize Marijuana in the state. Akeredolu said Ondo State, which is known for its fertile land for the cultivation of cannabis will make judicious use of the Thailand’s program, which he said is centred around exploiting the possibility of medicinal cannabis. The governor […]

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Know the 15 Toyota Models particularly built for Nigerian roads

You may have been seeing a lot of Toyota Vehicles on our Nigerian roads because it’s one of the brands most preferred by Nigerians. Most of these Toyota Vehicles you see were imported from countries like Dubai, USA and Canada. Most importers go for the American specification as you would always hear “American Spec.” But […]

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Nigerian entrepreneur who graduated with just a Pass shares his success story

Nigerian entrepreneur, Olorunshola Emmanuel, who graduated with just a Pass is here encouraging others that regardless of your grade at graduation, you can make it in life. He is now an employer of labour while someone who graduated with a First Class in his course is still looking for job. Don’t stay down, get up […]

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Ambode launches fleet of new transport buses in Lagos (Photos)

Lagos State Government, on Wednesday, launched the new transport buses under the Bus Reform Initiative (BRI) with free service on five routes, assuring that the development would redefine public transportation and make the State globally competitive. Specifically, the free service was launched across five routes including Berger to Tafawa Balewa Square (TBS), Berger to Oshodi, […]

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Computer Village Lagos traders protest planned installation of ‘Iyaloja’ (Photos)

Traders in the Computer Village, Ikeja, Lagos State, on Tuesday shut down activities to protest the planned installation of female and male market leaders “Iyaoloja” and “Babaloja” respectively in the hub. The traders told a Correspondent of the News Agency of Nigeria (NAN) covering the protest that the computer village was an international market that did not […]

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Setting up professional business of laundry or dry cleaning in Nigeria

Over 200 Million Nigerians wear clothes daily, irrespective of age. 80 percent of this large population are very busy persons; some business persons, some in Government, some Students, some in Civil service, and some are naturally ajebutters. These persons do not have time to do their own laundry. Cooking, taking care of the kids, and […]

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Nigerian Customs Officer who rejected $420k bribe promoted

The Controller General of Customs, Col. Hameed Ali (rtd), has promoted Comptroller Bashir Abubakar of Apapa Area Command to an Assistant Comptroller General (ACG). Mr. Abubakar was the officer who, last year, reportedly rejected a $420,000 bribe handed over to him by a drug trafficking cartel, to take delivery of 41 smuggled containers of Tramadol. […]

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First Nigerian female pilot with Qatar Airways, flies Boeing 787 Dreamliner Aircraft

Another Nigerian trailblazer has emerged in the aviation industry in person of the beautiful Adeola Ogunmola Sowemimo, who becomes the First Nigerian Female Pilot at Qatar Airways likewise the First Nigerian Female Pilot on the Gigantic Boeing 787 Dreamliner Aircraft. According to reports, she is also the First Nigerian Female Pilot to fly the Boeing […]

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Dangote rises, now 64th richest man in the world

Nigeria’s billionaire businessman, Alhaji Aliko Dangote, has significantly moved up in the world billionaires’ ranking, as he emerged 64th richest person in the world. In its annual ranking of wealthiest people in the world, Bloomberg noted that Dangote now has an estimated networth of $16.6 billion and has risen from his previous ranking of 103rd. […]

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Akwa Ibom pioneers state-owned airline with two aircraft (Photo)

Akwa Ibom State Governor, Mr. Udom Emmanuel, on Wednesday took delivery of two aircraft for operations at the state-owned airline,  Ibom Air. The official unveiling of the aircraft was performed by the Senate President, Bukola Saraki, at Obong Victor Attah International Airport in Uyo. In his remarks, Governor Emmanuel described the airline was a monumental […]

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Business community hosts Atiku, Obi in Lagos; applauds their economic plan for Nigeria

Presidential and Vice Presidential candidate of the Peoples Democratic Party (PDP), Mr. Atiku Abubakar and Mr. Peter Obi, met with the Business community on Wednesday at Eko Hotels and Suites in Lagos about their plans for Nigerian economy. The meeting, which had the theme, Getting Nigeria’s Economy Working: A Pragmatic Approach, saw corporate leaders applauding […]

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Foreign Airlines raked $1.7bn from Ticket Sales in Nigeria in 2018

Foreign airlines operating in Nigeria sold tickets worth about $1.7 billion from January to December 2018, according to Thisday investigations. The amount indicated that there was an increase in sales in the second half of 2018, buoyed by passenger surge during the yuletide, as the foreign airlines sold tickets worth $800 million in the first […]

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